World Cup winner to get $31M US
The winning team at next year's World Cup will get $31 million US in prize money.
FIFA said Thursday the overall prize pool to be divided between the 32 participating nations will be $420 million, a 60 per cent increase from the 332 Swiss francs (then $261.4 million) it paid out at the 2006 World Cup in Germany.
Each team will receive $1 million for preparation costs. The winner will get an additional $30 million, the runner-up $24 million, semifinal losers $20 million, quarterfinal losers $18 million, second-round losers $9 million and first-round losers $8 million.
In 2006, when Swiss francs were used, the advance payment was one million Swiss francs ($787,000). The winner received $19.3 million, the runner-up $17.7 million, semifinal losers $16.9 million, quarter-final losers $9.1 million, second-round losers $6.7 million and first-round losers $5.5 million.
In addition, $40 million was set aside to pay clubs, through national associations, for the participation of their players.
Last time, 15 million Swiss francs ($11.8 million) was put in an insurance fund to compensate clubs if their players got hurt